-Livemint.com Data on incomes and wealth suggest India is far more unequal than official estimates based on consumption expenditure data suggest Inequality is in the news once again and the news is not particularly good. In a speech last month, Reserve Bank of India governor Raghuram Rajan commented that increasing inequality could be curtailing world demand. Since the rich typically spend a smaller portion of their income compared with the poor—who spend...

-Financial Chronicle Return for farmers could grow as overall output of cereal crops has remained stable With growing health awareness and relatively lower costs, millets are making a strong comeback after experiencing negative growth for several years. Millets, which are coarse cereals, need less water and are hence preferred by farmers in areas where there is a shortage of water. The crop is also favoured because of its productivity and short growing...

-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...

-PTI The issue was raised by the American side during the US-India Trade Policy Forum meeting Washington: India has said that the recent order that removed "stock limit exemptions" for pulses held by importers as part of its effort to address the shortage of pulses and prevent undue hoarding is "not a trade distortion". The issue was raised by the American side during the US-India Trade Policy Forum meeting here after the US...

-The Telegraph Satyanand Singh, a grocery store owner at Aneesabad, is selling arhar dal at Rs 200 per kg, while Ashiana Nagar-based shopkeeper Deepak Kumar sells the same at Rs 190 per kg. Mohammad Rafi of Boring Road has been selling arhar dal at Rs 190 per kg and the rate for the same at Vishal Mega Mart on Fraser Road is Rs 194 per kg. As soaring prices of arhar dal (pigeon...